Bailey Power Plant

450 North Patterson Avenue, Winston-Salem, NC 27101

  • For Lease $26.00/SF/YR
  • Property Type Office - Creative Office
  • Property Size 110,800 SF
  • Lot Size 2.27 Acre
  • Property Tenancy Multi-Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 1920
  • Date Updated Mar 25, 2025

Bailey Power Plant is a 110,800-square-foot creative office building situated on a 2.27-acre lot in Downtown Winston-Salem. Originally built in 1920, this LEED Gold-certified property seamlessly blends historic charm with modern sustainability standards. Positioned as a Class 2 office space, this property is an attractive option for businesses seeking a dynamic and inspiring work environment. Its proximity to multiple parking options, including the 4th & Church Street Parking Deck and Krankies Coffee Parking, both less than 0.1 miles away, ensures added convenience for tenants and visitors alike.

Downtown Winston-Salem offers a vibrant and accessible location for Bailey Power Plant. The property is surrounded by dining options like Cugino Forno and Alma Mexicana, both within 0.1 miles, and Krankies Coffee just a short walk away. Nearby hotels, including the Kimpton Cardinal and Hotel Indigo, are within a quarter-mile radius, making it ideal for visiting clients or team members. The surrounding area also boasts educational institutions such as Salem Academy and Salem College, both less than a mile away, and cultural attractions like the UNC School of the Arts within 2 miles. This central location provides an excellent balance of amenities and connectivity.

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Spaces Available

Contacts

broker
Nick Gonzalez Is this you?

Linville Team Partners

broker
Katie Hayes Is this you?

Linville Team Partners

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable

  • Bike Score ®

    73/100 Very Bikeable
Powered by Walk Score ®
  • City Winston-Salem, NC
  • Neighborhood Downtown Winston - Salem
  • Zip Code 27101
  • Market Winston Salem Greensboro

Points of Interest

  • Shell

    0.75 miles

  • Citgo

    0.76 miles

  • BP

    0.77 miles

  • Exxon

    0.79 miles

  • Winston-Salem City Yard - Fleet Services

    0.88 miles

  • Liberty Street Citgo

    1.09 miles

  • Petro+

    1.63 miles

  • Tesla Supercharger

    9.16 miles

  • 4th & Chruch Street Parking Deck

    0.07 miles

  • Krankies Coffee Parking

    0.08 miles

  • Government Center Public Parking

    0.15 miles

  • Liberty Street Parking

    0.17 miles

  • Patterson Visitor Lot

    0.18 miles

  • Forsyth County Municipal Parking Deck

    0.31 miles

  • P8 South

    0.31 miles

  • Liberty Plaza Parking

    0.31 miles

  • P8 North

    0.35 miles

  • Kennedy Campus North Lot 1

    0.71 miles

  • Kimpton Cardinal

    0.15 miles

  • Hotel Indigo Winston-Salem Downtown

    0.23 miles

  • Marriott

    0.30 miles

  • Hampton Inn & Suites Winston-Salem Downtown

    0.33 miles

  • Embassy Suites by Hilton Winston Salem

    0.34 miles

  • Fairfield Inn & Suites Winston-Salem Downtown

    0.40 miles

  • Courtyard Winston-Salem Downtown

    0.56 miles

  • Hawthorne Inn & Conference Center

    0.63 miles

  • The Historic Brookstown Inn | Trademark Collection by Wyndham

    0.68 miles

  • Holiday Inn Express Winston-Salem Downtown West

    1.92 miles

  • Cugino Forno

    0.01 miles

  • Alma Mexicana

    0.03 miles

  • Krankies Coffee

    0.10 miles

  • Crafted

    0.21 miles

  • sweet potatoes

    0.26 miles

  • Thai harmony

    0.26 miles

  • Xcaret

    0.29 miles

  • Butcher & Bull

    0.30 miles

  • Camel City BBQ Factory

    0.30 miles

  • Mystic Ginger

    0.31 miles

  • Kennedy Campus

    0.66 miles

  • Salem Academy

    0.81 miles

  • Salem College

    0.85 miles

  • North School

    0.95 miles

  • Carolina University

    0.96 miles

  • Cook School

    0.99 miles

  • Winston-Salem State University

    1.02 miles

  • Granville School

    1.22 miles

  • Skyland School

    1.26 miles

  • Fairview School

    1.28 miles

  • Foundations Early Learning Center of Downtown Winston-Salem

    0.50 miles

  • Christ Rescue Temple Nursery

    1.34 miles

  • Clemmons United Methodist Pre-School

    9.56 miles

Frequently Asked Questions

What is the price for renting office space at Bailey Power Plant?

The price for office space here is $26.00/SF/YR except those mentioning "Contact for pricing".

What type of office space is available to lease at Bailey Power Plant?

The property includes 3 Office spaces located on 2 floors. Availabilities total 20,708 square feet of office space. The property offers Multi-Tenant commercial space.

Is Bailey Power Plant suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 1 office space under 5,000 square feet available.

Does Bailey Power Plant have enough space for a large business?

Yes, availabilities here could accommodate larger businesses with 1 office space larger than 10,000 square feet available for lease. The largest office size is 11,778 SF, located on floor 3. For a better understanding of how this space could work for you, reach out to schedule a tour.

Does Bailey Power Plant have parking?
Parking information for the property isn't currently listed. However, other nearby parking options include 4th & Chruch Street Parking Deck, located 0.07 miles away, and Krankies Coffee Parking, which is 0.08 miles away.
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